Toys R Us seeks bidders ahead of Friday deadline

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Toys R Us continue to flounder as another deadline approaches fast. Toyworld Mag take a look at the ongoing situation.

Bidders for parts of Toys R Us’ business have until tomorrow (Friday) to put in their offers for the retailer’s assets, which are now under the care of Moorfields after the firm entered administration last week.

The 26 stores which were part of Toys R Us’ CVA are likely to be the first to close. The Toys R Us brand is tied to the global business, which has not entered into administration, meaning it will not be part of Moorfields’ sale process.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in 1981 and been a presence online since his first webpage Fanta War in 1996. He currently contributes to Star Wars Insider, ILM.com and SkywalkerSound.com, having previously written for StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host, the only podcaster to have appeared on every Celebration podcast stage since it began in 2015, the Daily Content Manager of Fantha Tracks and the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
- Advertisement -
- Advertisement -

Toys R Us continue to flounder as another deadline approaches fast. Toyworld Mag take a look at the ongoing situation.

Bidders for parts of Toys R Us’ business have until tomorrow (Friday) to put in their offers for the retailer’s assets, which are now under the care of Moorfields after the firm entered administration last week.

The 26 stores which were part of Toys R Us’ CVA are likely to be the first to close. The Toys R Us brand is tied to the global business, which has not entered into administration, meaning it will not be part of Moorfields’ sale process.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in 1981 and been a presence online since his first webpage Fanta War in 1996. He currently contributes to Star Wars Insider, ILM.com and SkywalkerSound.com, having previously written for StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host, the only podcaster to have appeared on every Celebration podcast stage since it began in 2015, the Daily Content Manager of Fantha Tracks and the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
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